Philippines initiates safeguard probe on galvalume imports

Friday, 19 June 2020 16:38:50 (GMT+3)   |   Istanbul

The Philippines’ department of trade and industry (DTI) has announced that it initiated a safeguard duty investigation on galvalume sheets, coils and strips imports on June 15.

The investigation was launched following the complaint by local flat steel producer Sonic Steel Industries, with the investigation covering the period from 2014 to 2018.

In 2018, shipments of galvalume to the Philippines increased to 126,000 mt from 770 mt recorded in 2014, according to import data. Besides, in the January-November period of 2019, galvalume imports were recorded at 122,232 mt, equal to 97 percent of the 2018 level, according to the statement by the DTI.

The products subject to investigation currently fall under the Customs Tariff Statistics Position Numbers 7210.61.11, 7210.61.19, 7210.61.91, 7210.61.92, 7210.61.99, 7210.69.11, 7210.69.19, 7210.69.91, 7210.69.99, 7212.50.19, 7212.50.23, 7212.50.24, 7212.50.29, 7212.50.93, 7212.50.94 and 7212.50.99.

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